The Combined Industry Forum has come up with a reform package containing six principles in response to the ASIC broker rem review
The House Standing Committee on Economics has suggested the regulator examine IO rate moves as part of its resi product inquiry
The incoming external dispute resolution body is now expected to commence operations in the second half of next year
This marks the third consecutive year that the reverse mortgage lender has received industry recognition in this area
Following a strong half year result backed by significant growth in the third party channel, Adelaide and Bendigo Bank has said it will not be 'sucked in' to the rate cutting game.
Brokers affected by the Big Dry have welcomed the government's proposal to extend funding to drought-stricken farmers.
FBAA CEO Peter White has made bold predictions 2014 will be year of change, education and reform.
South Australian home buyers will have access to more affordable loans after the State Government announced extended criteria and a higher loan limit for Advantage Loan borrowers.
David Murray has questioned whether stability pacts hinder competition in the Australian banking sector, and has promised the upcoming Financial System Inquiry will explore the issue.
The decision of some banks to leave the broker channel during the GFC has left many cautious about dealing with them again, despite reassurances the banks are here to stay.